CHENNAI: Ujjivan Small Finance Bank Limited today announced the opening of its first branch in Anna Nagar, Chennai. The bank currently serves over 10 lakh customers in Tamil Nadu through its 77 branches. Across the country, Ujjivan SFB has 610 branches with a customer base of more than 74 lakh.
Through its branch network, Ujjivan SFB offers term deposits at attractive interest rates, with one of the highest fixed deposit interest rates at 8.25% for regular customers and 8.75% for senior citizens for 560 days. The bank offers 8.45% interest for NRE and NRO customers for 560 days. The non-callable Platina FD is at 8.65% for 80 weeks (560 days).
Its savings account offering includes the Privilege Savings Account, which comes with unlimited free transactions across any bank ATM, unlimited free fund transfers through net banking and mobile banking, and higher cash transaction and withdrawal limits. The bank also offers an exclusive Senior Citizen Account, a Garima Account for Women, and NR Accounts & Solutions. The bank’s Business Edge Current Account has flexible cash deposit limits, customised POS offers, and an OD facility through BusiMoni OD.